Euroaudlong
Buy limit for EURAUDI do have a buy limit at 1.5952, we have so many confluences to enter a trade here,
EMA 50&100 H4
LQ zone
Retest HH
1.5950 Key level
61,8 Fibo
Last week, EUR got bullish momentum, upcoming weeks Eur might continue its bullish momentum
Risk management,
Risk %1
Go for a BE when price is at 1:1
TP is 1:4
EURAUD Long PositonAs the pair on strong support area, the chance it goes back to long position is high.
It is surely against the trend which I don't like to trade, but to be safe the stop loss is put on a tight level so that you don't get into deeper loss in case the pair continues its short position.
EURAUD Buy at 1.56379
Stop Loss at 1.55706
Target Profit at 1.57850
Trade safe!!